Barclays CEO Anthony Jenkins to leave the bank

Barclays did not give a reason for Jenkins' departure

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The Independent Online

Barclays CEO Anthony Jenkins is set to leave the bank after almost three years at the top.

Barclays did not give a reason for Jenkins' departure in a surprise announcement from the UK's second biggest bank on Wednesday.

Sir Michael Rake, Barclays deputy chairman, said that a "new set of skills" were needed to run the bank and that the search for a new chairman was already underway.

Barclays executive chairman John McFarlane will take the helm as interim CEO.

McFarlane said: "We... need to improve revenue, costs and capital performance.  We also need to become more externally focused and deal with the internal bureaucracy by becoming leaner and more agile."

 

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